Margin Calls definition

Margin Calls on Hedging Agreements. With respect to ----------------------------------- Hedging Agreements, neither the Borrower nor any Subsidiary shall post cash or any other collateral or credit support whatsoever (other than letters of credit) in response to a call on Borrower or any Subsidiary for credit support or eligible collateral in an aggregate amount greater than $20,000,000 for all Hedging Agreements.
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Margin Calls means Broker's demand on the Client using margin to deposit additional cash or non-cash collateral so that the Account is brought up to the minimum Maintenance Margin. Margin calls occur when the balance in the Account falls below Maintenance Margin required by the Broker from time to time.
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Margin Calls. ’ means the demand made by Clearing Corporation on a Member towards fulfillment of its obligation under these CCIL – SARVAM Rules.
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Examples of Margin Calls in a sentence

  • Additional terms and provisions governing Margin Deficits and Margin Calls under this Section 4.01(a) are set forth in the Fee and Pricing Letter, and are hereby incorporated by reference.

  • No Insider may buy or sell puts, calls, other derivative securities of the Company or any derivative securities that provide the economic equivalent of ownership of any of the Company’s securities or an opportunity, direct or indirect, to profit from any change in the value of the Company’s securities or engage in any other hedging transaction with respect to the Company’s securities, at any time.•No Company Securities Subject to Margin Calls.

  • No Insider may buy or sell puts, calls, other derivative securities of the Company or any derivative securities that provide the economic equivalent of ownership of any of the Company’s securities or an opportunity, direct or indirect, to profit from any change in the value of the Company’s securities or engage in any other hedging transaction with respect to the Company’s securities, at any time.·No Company Securities Subject to Margin Calls.

  • Any and all notices (with the exception of Transaction Requests or Purchase Confirmations, Margin Calls or Repurchase Requests, which shall be delivered via facsimile and/or electronically only), statements, demands or other communications hereunder may be given by a party to the other by mail, facsimile, telegraph, messenger or otherwise to the address specified below, or so sent to such party at any other place specified in a notice of change of address hereafter received by the other.

  • Seller shall maintain an Adjusted Tangible Net Worth of at least the sum of (i) $5,000,000, plus (ii) 50% of Seller’s positive quarterly Net Income for such quarter plus (iii) 50% of any additional Capital Contributions (without taking into account such Capital Contributions to the extent that they are paid to (A) satisfy the requirement set forth in clause (i) above or (B) satisfy Margin Calls hereunder) for the previous quarter.

  • The Buyer shall cause the Companies to continue to sponsor the M-Foods Dairy, LLC Retirement Plan with Life Insurance; provided that nothing herein will prevent the Buyer, either Company or any of their respective subsidiaries from amending or terminating such plan in accordance with its terms.

  • Notwithstanding the foregoing, it is acknowledged and agreed that any Additional Advance shall be funded to Seller net of all amounts necessary to (a) repurchase any Ineligible Asset for which Buyer has sent a repurchase notice under Section 3.05(b) and (b) satisfy any then-currently unsatisfied Margin Calls.

  • Margin Calls shall only be made in respect of Margin Call Amounts of not less than, and in integral multiples of US$50,000 and must be paid to the Bank within 3 Business Days of the Bank making the Margin Call.

  • Margin Calls and Defaults The Account will pledge its RMBS to secure funding for its investment strategy.

  • Each Counterparty shall apply, as promptly as practicable, all Collateral Payments that it receives against Payment Obligations other than Margin Calls, but including deficiency amounts relating to Auction Swaps which have previously had their call dates (such amounts, with respect to a Counterparty’s Financing Agreements, as of any date of determination, the “Repayment Obligations”), such amounts to be applied in accordance with Section 5(a).

Related to Margin Calls

  • Margin Call means the situation when the Company informs the Client to deposit additional Margin when the Client does not have enough Margin to open or maintain open positions.

  • Margin Level means the percentage Equity to Necessary Margin ratio. It is calculated as (Equity / Necessary Margin) * 100%.

  • Call Rate means, if the call option has been exercised with respect to the reset rate notes, the rate of interest that is either: • if the reset rate notes did not have at least one related swap agreement in effect during the previous reset period, the floating rate applicable for the most recent reset period during which the Failed Remarketing Rate was not in effect; or • if the reset rate notes had one or more swap agreements in effect during the previous reset period, the weighted average of the floating rates of interest that were due to the related Swap Counterparties from the trust during the previous reset period. The Call Rate will continue to apply for each reset period while the holder of the call option retains the reset rate notes.

  • Money Market Absolute Rate has the meaning set forth in Section 2.03(d).

  • Margin Ratio is the percentage of the value of the Collateral up to which the Customer is permitted to borrow (or otherwise to secure other forms of financial accommodation) from the Company against the Collateral.

  • Buyer’s Margin Percentage For any Purchased Asset as of any date, the percentage equivalent of the quotient obtained by dividing (a) one (1) by (b) the Applicable Percentage used to calculate the Purchase Price on the related Purchase Date.

  • Make-Whole Redemption Margin means the margin specified as such in the relevant Final Terms.

  • Sixty-Day Delinquency Rate With respect to any Distribution Date on or after the Stepdown Date, a fraction, expressed as a percentage, the numerator of which is the aggregate Stated Principal Balance of all Mortgage Loans 60 or more days delinquent as of the close of business on the last day of the calendar month preceding such Distribution Date (including Mortgage Loans in foreclosure, bankruptcy and REO Properties) and the denominator of which is the aggregate Stated Principal Balance for such Distribution Date of the Mortgage Loans as of the related Due Date (after giving effect to Principal Prepayments, the principal portion of any Liquidation Proceeds and any Subsequent Recoveries received in the related Prepayment Period).

  • Маrgin Level for CFD trading shall mean the percentage of Equity to Necessary Margin ratio. It is calculated as: Margin Level = (Equity / Necessary Margin) x 100%.

  • Margin Percentage with respect to any repurchase transaction shall be 102% or such other percentage as is agreed to by Seller and the Participating Funds (except that in no event shall the Margin Percentage be less than 100%).

  • Margin Excess the meaning specified in Paragraph 4(b) hereof;

  • Weighted Average Advance Rate means, as of any date of determination with respect to all Eligible Collateral Obligations included in the Adjusted Aggregate Eligible Collateral Obligation Balance, the number obtained by (i) summing the products obtained by multiplying (a) the Advance Rate of each such Eligible Collateral Obligation by (b) such Eligible Collateral Obligation’s contribution to the Adjusted Aggregate Eligible Collateral Obligation Balance and (ii) dividing such sum by the Adjusted Aggregate Eligible Collateral Obligation Balance.

  • Absolute Rate has the meaning given that term in Section 2.2.(c)(ii)(C).

  • Operating Margin Customer means a Control Area purchasing Operating Margin pursuant to an agreement between such other Control Area and the LLC.

  • Applicable Business Day Convention means the “Business Day Convention” which may be specified in the Final Terms as applicable to any date in respect of the Instruments. Where the Final Terms specifies “No Adjustment” in relation to any date, such date shall not be adjusted in accordance with any Business Day Convention. Where the Final Terms fails either to specify an applicable Business Day Convention or “No Adjustment” for the purposes of an Interest Payment Date or an Interest Period End Date, then in the case of Instruments which bear interest at a fixed rate, “No Adjustment” shall be deemed to have been so specified and in the case of Instruments which bear interest at a floating rate, the Modified Following Business Day Convention shall be deemed to have been so specified. Different Business Day Conventions may apply, or be specified in relation to, the Interest Payment Dates, Interest Period End Dates and any other date or dates in respect of any Instruments.

  • Hedging Disruption Event means any event which, in the Issuer’s reasonable opinion, would make it illegal or commercially unfeasible for the Issuer to continue to hedge its obligations in relation to the Bond.

  • SOFR Rate Day has the meaning specified in the definition of “Daily Simple SOFR”.

  • Margin Requirement means the amount of money and/ or assets that the Client is required to deposit and/ or hold with the Firm as consideration for entering into a Transaction and/ or maintaining an Open Position on its Account;

  • PURCHASE RATE means, the tendered rate offered by tenderer per standard bag which has been accepted by the Federation;

  • Substitute Rate shall have the meaning set forth in Section 2.2.3(b).

  • Hedging Disruption means that the Issuer is unable, after using commercially reasonable efforts, to (A) acquire, establish, re-establish, substitute, maintain, unwind or dispose of any transaction(s) or asset(s) it deems necessary to hedge the risk of issuing and performing its obligations with respect to the Securities, or (B) realise, recover or remit the proceeds of any such transaction(s) or asset(s).

  • Daily Adjusting LIBOR Rate means, for any day, a per annum interest rate which is equal to the quotient of the following:

  • Applicable Eurodollar Margin means, as at any date of determination, the rate per annum then applicable to Eurodollar Rate Loans determined in accordance with the provisions of Section 2.15(D)(ii) hereof.

  • Absolute Rate Auction means a solicitation of Money Market Quotes setting forth Money Market Absolute Rates pursuant to Section 2.03.

  • Gross Redemption Yield means, with respect to a security, the gross redemption yield on such security, expressed as a percentage and calculated by the Financial Adviser on the basis set out by the UK Debt Management Office in the paper “Formulae for Calculating Gilt Prices from Yields”, page 4, Section One: Price/Yield Formulae “Conventional Gilts/Double dated and Updated Gilts with Assumed (or Actual) Redemption on a Quasi-Coupon Date” (published 8 June 1998, as amended or updated from time to time) on a semi-annual compounding basis (converted to an annualised yield and rounded up (if necessary) to four decimal places) or on such other basis as the Trustee may approve;

  • Base Rate Term SOFR Determination Day has the meaning specified in the definition of “Term SOFR”.